IDFC First Private Credit Card Review

The IDFC First Private Credit Card is a super-premium credit card from IDFC first bank. It is an invite-only credit card packed with lucrative offers and benefits like accelerated rewards with every transaction, complimentary golf rounds, free access to airport lounges, complimentary travel and roadside assistance, and so on.

So, if you want to indulge in the world of luxury and want to know more about this idfc credit card benefits, then make sure to go through the complete review to know more about this card.

How do the IDFC credit card eligibility criteria work?

• Resident Type: Indian
• IDFC first bank credit card eligibility criteria for salaried people:
  • Age: 21 to 60 years.
  • IDFC credit card minimum salary requirement: It is an invite-only credit card.
• IDFC bank credit card eligibility criteria for self-employed people:
  • Age: 21 to 65 years.
  • IDFC credit card minimum salary requirement: It is an invite-only credit card.
• An excellent credit score (above 780+) is required to be eligible for this card.

What documents are required to apply for an IDFC first bank credit card?

• Photocopy of Address proof (any 1)
  • Aadhar Card
  • Driving License
  • Passport
  • Utility bills
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Two recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Salary Slip of last 3 months
    • ITR (Income Tax Return)
  • Self-employed person
    • Income tax return of the last year
    • Proof of business

What are the IDFC First Private Credit Card fees?

• IDFC First Private Credit Card Joining Fee: Rs.50,000 + GST
• IDFC First Private Credit Card Annual Fee: None.

What are the IDFC first bank credit card benefits?

• Get started with a huge credit limit:

The minimum idfc credit card limit you can get with this card is Rs.20 lakh. 

• Make every transaction rewarding:

This idfc credit card features assured rewards with every transaction made using this card.

Category of transaction	Reward points
If the monthly spend is below Rs.30,000	6X rewards for online spending and 3X rewards for offline and rental expenses
If the monthly spend is above Rs.30,000	10X rewards
Birthday expenses	10X rewards
If you donate all rewards towards a cause	25% bonus rewards

For every rupee spent beyond Rs.30,000 within an idfc credit card statement cycle, IDFC first bank will donate Karma points in your name. 10% of your birthday spending will be donated by the bank as karma points, you can also choose 8 different occasions to donate your karma points.

You can keep track of your idfc credit card status from your net banking account.

• Make your evenings entertaining:

If you use this card to buy movie tickets from BookMyShow, you will get an Rs.750 instant discount. You can get this idfc first bank credit card offer 2 times a month.

• Enjoy complimentary golf games:

On spending Rs.40,000 or more with your card within a year, you can get 2 complimentary golf rounds or lessons. 

• Get free access to airport lounges:

This idfc credit card offers you unlimited free access to domestic and international airport lounges and spas in India. Click here for the idfc credit card lounge access list.

• Experience the highest tier of privileges:

Under the Visa infinite program, this card lets you enjoy airport limo transfer service, meet and greet services, and premium dining facilities. etc.

• The perfect travel companion for you:

This card comes with complimentary travel and accidental insurance coverage, and roadside assistance of Rs.1399. Also, this is one of the few Indian credit cards that offer 0% surcharges on foreign currency conversion.

What are the IDFC credit cards charges?

Particulars	Chargeable amount
Cash withdrawal charge	Rs.199 per transaction
Finance charge	The idfc credit card interest rate is –  0.75% monthly (Applicable if the minimum payment due is made) 3.99% monthly (Applicable if the minimum payment due is not made)
Foreign currency conversion charge	None
Add on card fee	None for the first add-on card, from the second card onwards, it will be Rs.4000 per card

How to contact the IDFC first credit card customer care department?

• Call the IDFC credit card customer care number: 1860-500-1111
• Write to the IDFC credit card mail id: creditcard@idfcfirstbank.com 

100xGain Ratings:

7.5/10

Pros and cons:

Pros	Cons
This idfc bank credit card offers you unlimited free access to airport lounges. You can enjoy complimentary golf rounds every month. This card also offers big discounts on movie tickets.	There are no travel booking benefits on this card.

Final Opinion:

If you are looking for a premium quality credit card and you have got the invitation for this card, then this would be the best idfc credit card for you. This idfc first bank credit card offers all the premium facilities that are needed to match your luxurious lifestyle.

But, it is an invite-only credit card and is available only for those who have got the invitation. So, if you are looking for a similar card, then make sure to check our best premium credit cards page.

Alternative Cards:

1. Axis Bank Magnus Credit card (Best for lounge and dining benefits)
2. Federal Bank Visa Celesta Credit Card (Best for reward, lounge, and dining benefits)
3. HDFC Infinia Metal Credit Card (Best for reward, lounge, travel, and lifestyle benefits)

FAQs:

• Which IDFC first bank credit card is lifetime free?

IDFC bank credit cards like idfc millennia credit card, idfc first classic credit card, idfc first select credit card, etc are lifetime free.

• How to apply for IDFC credit card?

You can visit the idfc first bank credit card apply online portal and apply for your desired card from there. You can also visit your nearby IDFC branch and submit your application there. You can also track your idfc credit card application status from the status tracking page.

• How to get idfc credit card activated for the first time?

You can activate your new IDFC credit card from your nearby ATM, or from your net banking account. You can find the idfc credit card activation process here.

• What is private credit card?

Credit cards with private labels are intended for use at specific stores. Banks or commercial finance companies issue them to customers of a particular store as a means of providing credit.

• Is IDFC credit card really free?

Not all IDFC credit cards are lifetime free, only some credit cards as mentioned in question no 1 are lifetime free.

• What is the minimum salary for IDFC credit card?

It totally depends on the idfc credit card type. In general, a monthly salary of Rs.45,000 can make you eligible for a good IDFC credit card.

• What is the limit for IDFC credit card?

This particular IDFC credit card comes with a minimum credit card limit of Rs.20 lakh.

• What if I use 100% credit limit?

If you use 100% of your credit limit, you will be marked as a credit-hungry customer, and it will severely damage your credit score. Click here to learn more about proper credit card usage.

• How to make idfc first bank credit card payment?

You can make your idfc bank credit card bill payment online from your net banking account or from your idfc credit card app. There are also a number of credit card bill payment apps that you can use like – Cred, Paytm, PhonePe, Google Pay, etc. 

Disclaimer: I am not a certified financial adviser and this is not financial advice. The purpose of this article is to inform you about financial products and strategies. Consult your financial advisor before making any financial decisions.